After a collision that rivaled After the US dot-com bubble burst, things are looking up for Chinese tech stocks in 2023 as regulatory headwinds ease and earnings prospects improve.
The sector, formerly called “uninvestable” has regained favor among Wall Street analysts and investors as China’s reopening boosts hopes for an economic recovery and a long-running audit dispute with the US looks set to be resolved. The growing bullish chorus includes strategists at Morgan Stanley, UBS Group AG and JPMorgan Chase & Co.
